ASX snaps five-day losing streak
Led by a rally in tech stocks, the local share market finished in the green for the first time in five days, but closed out the week 1 per cent lower.
Breaking News
Burke blasts DP World over pay stalemate
In a no-holds-barred press conference, the workplace relations minister said Australians were “sick to death” of profitable companies not paying their workers as much as their competitors.
ASX slips for fifth straight session
The share market extended its losses on Thursday, as property, energy and material stocks dragged the benchmark lower.
‘Employment collapsed’: Warning on Aussie jobs
In a further sign that the Australian economy is cooling, more than 65,000 Australians found themselves out of a job in December.
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Banks signal end of COVID-19 loan freezes
The mortgage holiday is over. Australia’s big four banks have confirmed it is winding back its large scale COVID-19 support packages.
ASX surges to 11-month high
The ASX keeps surging, reaching an 11-month high, while last year’s roaring success story Afterpay has hit a fresh record.
Aussies choose savings over love
Australians are prioritising saving for a house over a relationship, a new survey from one of the country’s major banks has found.
Aussie industry fights back against China ban
One key Australian industry has carved out a promising future after China suspended imports of its product for dodgy reasons.
BHP lifts forecast as disaster mine resumes
The resumption of production at a mine that caused an environmental and human tragedy five years ago has boosted BHP’s full-year iron ore forecast.
Big consequence of border closures
A leading economic indicator has revealed what effect the recent state border closures have had on the economic outlook for 2021.
Billionaire spared quarantine after COVID
Mining magnate Andrew Forrest was spared quarantine after catching COVID-19 while on a 47-nation trip as the virus spread around the globe.
Gold mine delay for Rio Tinto
Obtaining the consent of traditional owners to start a new gold mine in WA will be harder for Rio Tinto than initially thought, the miner concedes.
Takeover target a winner as ASX surges
A takeover target, an outage-hit tech firm and a fast food favourite were among broad gains on the ASX, which surged higher today.
Caravans top spending list
New research says caravan and motor home spending has picked up while far flung destinations remain out of the picture.
Original URL: https://www.themercury.com.au/business/breaking-news/page/193